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In this episode of "All Up in Your Business," attorney Aiden Kramer discusses independent contractor agreements. An independent contractor is defined as someone who performs services for a business without being classified as an employee. A written agreement is essential to clarify the relationship between the business and the contractor. Key elements to include in the agreement are a description of the services the contractor will provide and the payment terms. Aiden emphasizes the importance of detailing these aspects to ensure clear communication and expectations between the parties involved.